Description

Portfolio Management for Stakeholders

This course equips and enables project, program, and functional managers (line managers) to support and contribute to starting, restarting or sustaining the implementation and effectiveness of portfolio management in an organization.

Emphasis is on improving collaboration and planning between functional business areas and project/program organizations responsible for delivering investments in business change through successful delivery of projects and programs.

Good functional, project, and program managers become 'great' when they understand, advocate, and effectively contribute to achieving 'real' business value through portfolio management.

What you Will Learn

At the end of this program, you will be able to:

Outline the benefits of portfolio management

State the importance of linking the strategic objectives to the initiatives in the organization

Chart the portfolio governance structure

Assist in the inventory of ongoing and new initiatives

Identify portfolio and sub-portfolio categories

Support the PMO in the prioritization of initiatives using Multi-criteria Analysis and other selection tools

Collaborate with the PMO in balancing the portfolio based on the optimal use of resources and priorities

Participate in resource forecasting and planning

Demonstrate thresholds and variance reporting criteria

Describe the purpose of Stage Gate Funding

Report status against a portfolio delivery plan

Present your initiative in Stage Gate Reviews

List the benefits that are being realized by the initiative

Foundation Concepts

Portfolio Life Cycles

Portfolio Governance

Prioritizing Initiatives

Prioritize Foundation

Multi-Criteria Analysis

Analytical Hierarchy Process (AHP)

Strategic Alignment

Balancing the Portfolio

Resources, Budgets, and Equipment

Communicating Decisions

Planning the Portfolio

Planning Review Cycles

Using Stage Gate Funding

Setting Thresholds and Variance Reporting

Tool Examples

Portfolio Delivery 'Cycle'

Project and Program Life Cycles

Stage Gate Reviews

Interaction with the Portfolio Delivery Board

Project, Program, and Functional Managers Roles and Responsibilities

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Portfolio Management for Stakeholders

By IIL Europe Ltd

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